This 18 unit multi-residential building plus 1 commercial storefront was built in 1927 and is located above the 580 Freeway in the bristling Dimond District neighborhood known for its wonderful restaurants, stores, local banks and access to public transportation. Well known Farmer Joe’s Marketplace on Fruitvale Avenue offers fresh produce and has a quality meat market. Nearby are Safeway Market, CVS, and several highly rated cafes. Local residents conveniently have nearly everything within living distance. There’s also carpooling at Fruitvale and Montana Street. Local Dimond Park on Fruitvale offers tennis courts, a pool, and a playground area for children. The property has been under long-term current ownership and has been maintained under professional property management for many years. Over the last 9 years several improvements have been completed. These improvements include exterior painting, seismic retrofitting, newer roof, newer water heater tank, and newer fire alarm system. Many of the apartments have been renovated including updated kitchens and baths. The heat to the building is provided through energy efficient boiler located in the basement. There are separate electric meters which are tenant expenses. There is one master water meter which is an owner expense.
Property Details
Price:
$3,000,000
MLS #:
41105250
Status:
Active
Baths:
0
Address:
2240 MacArthur Blvd
Type:
Residential Income
Subdivision:
DIMOND DISTRICT
City:
Oakland
Listed Date:
Jul 17, 2025
State:
CA
ZIP:
94602
Lot Size:
5,700 sqft / 0.13 acres (approx)
Year Built:
1927
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Schools
Interior
Appliances
Gas Water Heater
Cooling
None
Heating
Natural Gas
Exterior
Lot Features
Corner Lot, Level with Street
Parking Spots
0.00
Roof
Composition
Financial
Association Fee
0.00
Taxes
$20,327
Map
Community
- Address2240 MacArthur Blvd Oakland CA
- SubdivisionDIMOND DISTRICT
- CityOakland
- CountyAlameda
- Zip Code94602
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2240 MacArthur Blvd
Oakland, CA
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